International
17:19 19 December 2024
Post by: WBJ

Poland takes over reins of presidency of the Council of the European Union

Poland takes over reins of presidency of the Council of the European Union
Source: Pexels

During Poland's presidency of the EU Council starting January 2025, Finance Minister Andrzej Domański outlined priorities including European security, lowering energy costs, and supporting businesses in global markets. Key objectives include boosting European defense production, innovation, and solidarity in financing defense expenses. Challenges include strengthening economic competitiveness, reforming VAT systems, and consolidating EU customs regulations.

Poland aims to reduce energy prices and foster transatlantic relations with the new U.S. administration. Despite risks, the focus will remain on fair competition for European companies, enhanced border controls, and ongoing support for Ukraine. The presidency also inherits unresolved issues like EU customs reform, with discussions set to begin at the first ECOFIN meeting in Warsaw.

(wnp.pl)


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